1/ Why I am bullish on the gaming company @IG_Galaxy and their #Crypto tokens $IGG and $ORB.

A thread...

2/ It all boils down to the current size of the market, projected market growth, and the size of the market IGG can capture.

3/ We know that the current gaming market across all platforms is ~2.5B people. There are only ~500 HIGHLY PAID esports players worldwide, but we know that IGG is trying to change that.

4/ There are ~300M esports viewers worldwide, which is projected to grow to ~450M by 2023; and the market value of esports is ~$1B, projected to grow to $1.6B by 2023.

5/ What we know about the plan thus far lets us speculate a bit. Not all of the 2.5B gamers want to play competitively, but almost all would be willing to play for money if they could. Simple human nature. With that fact known we can look at other values in the industry.

6/ It costs ~$100k-2M+ to run a professional esports team annually. Prize pools have historically ranged from ~$500k for Overwatch to ~$64M for Fortnite. Depending on the game it can cost up to $15M to franchise a team and get them entered into the high stakes tournaments.

7/ Back to IGG though and some speculation... it all boils down to what value the company brings besides entry level tournaments with payout. That alone is huge, but I know @Naeem_IGG and @Josh_IGG have big dreams here.

8/ What happens if IGG tournaments are officially sanctioned qualifiers? What about sponsorships and followons? What about the connections to Jonathan Ellis and Playstation? Or their known presentation to the House of Lords? Those are unknowns but their speculation matters.

9/ With a market capture rate of just 1%, IGG would have 25M total users. With a total supply of ~48B IGG that would leave a mere ~2000 IGG per user to interact within the framework. That is an immensely tiny number.

10/ We also know that Premium services will be offered for ~$7-10 per month to non-GFT holders. If we assume that premium can be paid in IGG, the value would have to be ~$0.005 IGG to facilitate that process and ensure liquidity.

11/ That is with just 1% market capture. At 5% capture it would be at least $0.03. All of this number crunching completely ignores the deflationary mechanisms provided by $IGG coin burn and capsule lockup to generate $ORB, which cannot be overlooked.

12/ These values are purely based on user in/output and don’t take into consideration company valuation, future earnings, other endemic value from participating in the system, hype, FOMO, market speculation, and other current geopolitical issues which the world is facing.

13/ Put it all together and you have a company which is primed to provide a global service with a fully functioning platform. In addition, @IG_Galaxy straddles the traditional corporate world and the #Crypto space which will bring a new generation seamlessly into blockchain.

14/ Thank you come to my #TedTalk, have a great day.

$IGG $ORB

#IGG #ORB #PoweredByMatic #gaming #esports #crypto #ThisIsTheWay #TheFutureIsNow #nerdlife #gamerlife #BULLISH